Overview
What is Plumbers Local 521 Health & Welfare Fund?
Plumbers Local 521 Health & Welfare Fund is a collaborative, union-negotiated benefit fund situated in Ona, West Virginia. Established through collective bargaining agreements between unions and management, its primary mission is to offer health and welfare benefits to eligible participants. The fund receives contributions from employers and direct employee payments, managing and investing these resources to provide essential health services to its members. As a union-managed trust, it upholds the principles of fairness and collective representation, ensuring that the benefits are accessible and equitable to all eligible participants.
Official website here: www.none
Is Plumbers Local 521 Health & Welfare Fund legitimate?
Plumbers Local 521 Health & Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Plumbers Local 521 Health & Welfare Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Official website here: www.none
What is the mission statement of Plumbers Local 521 Health & Welfare Fund?
The Plumbers Local 521 Health & Welfare Fund's mission is centered around providing health and welfare benefits to eligible participants. Specifically, the fund's purpose is to collect contributions from employers and employees as per collective bargaining agreements, preserve and invest these funds, and subsequently distribute them to eligible beneficiaries for their health and welfare needs. This fund operates under a union-negotiated, trustee arrangement, ensuring a collective approach to providing these essential benefits.
Official website here: www.none
Who is the CEO of Plumbers Local 521 Health & Welfare Fund?
George A Kisor is the Trustee of Plumbers Local 521 Health & Welfare Fund.
Official website here: www.none
What is the revenue of Plumbers Local 521 Health & Welfare Fund?
Plumbers Local 521 Health & Welfare Fund's revenue in 2022 was $2,592,112.
Official website here: www.none
Who are the executives of Plumbers Local 521 Health & Welfare Fund and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Plumbers Local 521 Health & Welfare Fund
Plumbers Local 521 Health & Welfare Fund is a mission-driven organization that prioritizes providing health and welfare benefits to eligible participants. The primary purpose of this trust fund is to collect contributions from employers as per collective bargaining agreements and employee payments, and strategically invest these funds. The ultimate goal is to offer comprehensive health and welfare benefits to the eligible participants. This trust fund operates under the guidance of a union-negotiated, union/management arrangement, ensuring a balanced approach to providing these crucial benefits. By managing the contributions effectively and providing suitable benefits, Plumbers Local 521 Health & Welfare Fund aims to contribute positively to the well-being of its participants.
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Impact
October, 2024
Plumbers Local 521 Health & Welfare Fund plays a crucial role in enhancing the quality of life for eligible participants by providing essential health and welfare benefits. By receiving, preserving, and investing contributions from employers as mandated by collective bargaining agreements, the fund ensures that members have access to critical healthcare resources.
Operating in ONA, WV, this area-wide fund is union-negotiated and union/management trusteed, which strengthens the commitment to the welfare of its participants. The benefits offered can significantly alleviate the financial burden associated with healthcare costs, promoting overall well-being among union members and their families. With a focus on mutual benefit, the fund exemplifies a collaborative approach to ensuring that workers receive the support they need to thrive both physically and financially. Through its efforts, Plumbers Local 521 Health & Welfare Fund fosters a healthier workforce and contributes to the broader community by enhancing access to necessary health services.
This information is meant to be a general summary of Plumbers Local 521 Health & Welfare Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $50,545
- Program Service Revenue: $2,541,567
- Gross Receipts: $2,592,112
Assets and Liabilities:
- Total Assets: $3,063,554
- Total Liabilities: $35,630
- Net Assets: $3,027,924
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Employer Contributions
Revenue
$2,173,551
Member Self-Payments
Revenue
$368,016
Organization Details
Founding Year
1964
Phone
(304) 525-0331Principal Officer
George A Kisor
Main Address
3150 U S Route 60, Ona, WV, 25545
Website
www.noneNTEE Category
Code: Y40 - Mutual benefit
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